NOT LISTED FOR SALE

523 Olive Ave Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $612,924 - $745,000

1 Bed
1 Bath
556 Sq Ft
$1,223/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $602,000 $1,083 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,363/month

10 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Breakfast Bar
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2023

Welcome to this beautiful 1912 Craftsman home located in Downtown Long Beach's East Village. This inviting and sophisticated home has been completely modernized all while maintaining its charm, including original hardwood floors, moldings, and built-ins throughout. This one bedroom-one bathroom also has a fully remodeled bathroom, which includes floor to ceiling subway tiles, hexagon tile flooring, and a rain showerhead. The home has newer appliances including an LG stack washer/dryer, dishwasher, and gas stove/oven. The kitchen has been updated with an open concept including new hexagon tile flooring, Leather Granite counter tops, and open shelving. There is a separate dining room that can transform into an office space as well. The house has multiple large windows with ceramic tint for heat rejection that allows for lots of natural light with an open and airy feel. The bedroom has a walk-in closet for plenty of additional storage. Outside, you will find high quality turf surrounding the sides and back. There is a full privacy fence and gate to pull into your one car driveway. Plumbing supply and drain lines have been replaced and electrical has also been updated. No expense was spared during this remodel and all materials and work are of the highest quality. This is an incredible location with a walk score of 94/100! Walking distance to Alamitos Beach, Long Beach Convention Center, The Pike Outlets, and Pine Avenue and 4th street where you will find many shops and restaurants. You won't want to miss out on this rare Long Beach historic home.

Last Agent to Sell the Property

Sean Hughes

Real Broker License #01924935 Listed on: 02/07/2023

Real Broker

Last Buyer's Agent

Cassidy Tutt

WGroup Realtors License #01395351

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,901

Year Built

  • Built in 1912

Lot Details

  • 1,473 Sq Ft Lot
  • Lot Dimensions are 29x50
  • Property is zoned LBPD30

Parking

  • Driveway

Home Design

  • Craftsman Architecture

Interior Spaces

  • 556 Sq Ft Home
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7281-003-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,901

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to this beautiful 1912 Craftsman home located in Downtown Long Beach's East Village. This inviting and sophisticated home has been completely modernized all while maintaining its charm, including original hardwood floors, moldings, and built-ins throughout. This one bedroom-one bathroom also has a fully remodeled bathroom, which includes floor to ceiling subway tiles, hexagon tile flooring, and a rain showerhead. The home has newer appliances including an LG stack washer/dryer, dishwasher, and gas stove/oven. The kitchen has been updated with an open concept including new hexagon tile flooring, Leather Granite counter tops, and open shelving. There is a separate dining room that can transform into an office space as well. The house has multiple large windows with ceramic tint for heat rejection that allows for lots of natural light with an open and airy feel.
  • Living Area: 556
  • Lot Acreage: 0.0338
  • Lot Dimensions: 29x50
  • Year Built: 1912
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 1077.34

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Parking Space

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7281-003-023
  • Lot Size Area: 1473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 3, 2023
Sold by
Berkovich Theresa Michelle
Bought by
Brandhorst Lee O
Seller's Agent
Sean Hughes
Real Broker
Buyer's Agent
Cassidy Tutt
WGroup Realtors
List Price
$599,000
Sold Price
$602,000
Premium/Discount to List
$3,000
0.5%
Views
69
Current Estimated Value
$679,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,981
Avg. Annual Appreciation
5.16%
Original Mortgage
$591,096
Outstanding Balance
$573,204
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$106,777

Purchase Details

Listed on
Aug 4, 2020
Closed on
Aug 24, 2020
Sold by
Bishop Laura and Ha William
Bought by
Berkovich Theresa Michelle and Krasowsky Trevor Serge
Seller's Agent
Eileen Rivera
GE Dean and Associates
Buyer's Agent
Aaron McCarty
Redfin Corporation
List Price
$420,000
Sold Price
$440,000
Premium/Discount to List
$20,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$412,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2018
Closed on
Apr 4, 2018
Sold by
Noble Cory
Bought by
Bishop Laura and Ha William
Seller's Agent
Russ Caldarella
First Team Real Estate
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$549,000
Sold Price
$385,000
Premium/Discount to List
-$164,000
-29.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$346,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Noble Cory and Noble Richard K
Bought by
Noble Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,800
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Noble Lisa W
Bought by
Noble Richard K

Purchase Details

Listed on
Sep 27, 2011
Closed on
Jan 6, 2012
Sold by
Noble Lisa W
Bought by
Noble Richard K
Seller's Agent
Catherine Pelonis
Keller Williams Pacific Estate
Buyer's Agent
Victoria Posthuma
Keller Williams Pacific Estate
List Price
$105,000
Sold Price
$97,000
Premium/Discount to List
-$8,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%
Original Mortgage
$94,541
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 27, 2011
Closed on
Nov 28, 2011
Sold by
California Housing Finance Agency #662Rr
Bought by
Noble Cory and Noble Richard K
Seller's Agent
Catherine Pelonis
Keller Williams Pacific Estate
Buyer's Agent
Victoria Posthuma
Keller Williams Pacific Estate
List Price
$105,000
Sold Price
$97,000
Premium/Discount to List
-$8,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,541
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2011
Sold by
Tschida John Donald
Bought by
The California Housing Finance Agency

Purchase Details

Closed on
Nov 23, 2005
Sold by
Mulder Danielle
Bought by
Tschida John Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Mulder Angelice
Bought by
Mulder Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2003
Sold by
Brandt Lawrence J and The Alma R Brandt Living Trust
Bought by
Mulder Danielle and Mulder Angelice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,161
Interest Rate
6.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brandhorst Lee O $602,000 Equity Title Company
Berkovich Theresa Michelle $440,000 Orange Coast Title Company
Bishop Laura $385,000 Ticor Title Company
Noble Cory -- Lawyers Title Company
Noble Richard K -- None Available
Noble Richard K -- None Available
Noble Cory $97,000 First American Title
The California Housing Finance Agency $264,617 Servicelink
Tschida John Donald $300,000 Chicago Title Co
Mulder Danielle -- Lawyers Title Ins
Mulder Danielle $119,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandhorst Lee O $591,096
Previous Owner Berkovich Theresa Michelle $412,250
Previous Owner Bishop Laura $346,750
Previous Owner Noble Cory $105,800
Previous Owner Noble Cory $94,541
Previous Owner Tschida John Donald $15,000
Previous Owner Tschida John Donald $285,000
Previous Owner Mulder Danielle $155,000
Previous Owner Mulder Danielle $117,161
Closed Mulder Danielle $3,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $602,000 +0.5% $1,083 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $599,000 +36.1% $1,077 / Sq Ft
09/16/2020 09/16/20 Sold $440,000 -3.3% $791 / Sq Ft
08/17/2020 08/17/20 Price Changed $455,000 +8.3% $818 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $420,000 +9.1% $755 / Sq Ft
05/01/2018 05/01/18 Sold $385,000 +10.3% $692 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/27/2018 03/27/18 Price Changed $349,000 -36.4% $628 / Sq Ft
03/27/2018 03/27/18 For Sale $549,000 +466.0% $987 / Sq Ft
01/11/2012 01/11/12 Sold $97,000 -4.0% $173 / Sq Ft
11/22/2011 11/22/11 Pending -- -- --
11/17/2011 11/17/11 Price Changed $101,000 -3.8% $180 / Sq Ft
09/27/2011 09/27/11 For Sale $105,000 -- $188 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,901 $626,320 $501,056 $125,264
2024 $7,901 $614,040 $491,232 $122,808
2023 $5,885 $457,775 $366,220 $91,555
2022 $5,520 $448,800 $359,040 $89,760
2021 $5,411 $440,000 $352,000 $88,000
2020 $5,061 $400,553 $320,443 $80,110
2019 $5,001 $392,700 $314,160 $78,540
2018 $2,380 $178,483 $129,529 $48,954
2016 $1,320 $102,918 $82,335 $20,583
2015 $1,269 $101,373 $81,099 $20,274
2014 $1,265 $99,388 $79,511 $19,877
Source: Public Records

Agents Affiliated with this Home

  • Sean Hughes

    Seller's Agent in 2023

    Sean Hughes

    Real Broker

    (310) 699-3500

    1 in this area

    67 Total Sales

    Section Image
  • Cassidy Tutt

    Buyer's Agent in 2023

    Cassidy Tutt

    WGroup Realtors

    (562) 449-7607

    3 in this area

    61 Total Sales

    Section Image

  • A

    Buyer Co-Listing Agent in 2023

    Autumn Anderson

    WGroup Realtors

    Section Image
  • Eileen Rivera

    Seller's Agent in 2020

    Eileen Rivera

    GE Dean and Associates

    (562) 688-9809

    1 in this area

    82 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Aaron McCarty

    Redfin Corporation

  • Russ Caldarella

    Seller's Agent in 2018

    Russ Caldarella

    First Team Real Estate

    (562) 716-0550

    42 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-239413

The MLS

APN: 7281-003-023

California Los Angeles County Long Beach 90802 East Village

523 Olive Ave, Long Beach, CA

This home is located at 523 Olive Ave, Long Beach, CA 90802 since 07 February 2023 and is currently estimated at $679,981, approximately $1,222 per square foot. This property was built in 1912. 523 Olive Ave is a home located in Los Angeles County with nearby schools including Stevenson Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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